For the new fiscal year, the company forecast per-share earnings of 31 cents to 42 cents and revenue of $26 billion to $26.5 billion. Analysts polled by Thomson Reuters expected per-share profit of 35 cents and revenue of $25.75 billion.

Rite Aid last month reported that total drugstore sales increased 2.2% to $6.57 billion and that same-store sales rose 2.1%. In the front of the store, same-store sales edged down 0.7%, while they increased 3.5% in the pharmacy section.